Tuesday, March 26, 2013

Thom Hartmann Debunks INSANITY of Supply-Side Reaganomics! (Video) - Americans Against the Tea Party



Thom Hartmann Debunks INSANITY of Supply-Side Reaganomics! (Video) - Americans Against the Tea Party



A true progressive with an intimate understanding of economics, Thom Hartmann is one of our go-to guys for explaining how TEApublican policies have completely destroyed our economy time and time again.
Thom introduces his video this way,
“Get your pencils ready! I’m giving a crash course in economics. ·The economy is one big interlocking circle, but let’s begin at the most important point. First there’s demand. Paychecks, needs, desires.”

Demand creates jobs.  Help the people and they will demand new and better products.  Increasing supply without demand doesn't work.